Novo Holdings A/S

Catalent, Inc. Reports Third Quarter Fiscal 2024 Results

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星期三, 五月 8, 2024
Biotechnology, Pharmaceutical, Health, CTLT, Biopharmaceutical, GAAP, Novo Holdings A/S, Patient, Calendar, Growth, Pharma

Catalent, Inc. (NYSE: CTLT) (“Catalent”), the leader in enabling the development and supply of better treatments for patients worldwide, today announced financial results for the third quarter of fiscal 2024, which ended March 31, 2024.

Key Points: 
  • Catalent, Inc. (NYSE: CTLT) (“Catalent”), the leader in enabling the development and supply of better treatments for patients worldwide, today announced financial results for the third quarter of fiscal 2024, which ended March 31, 2024.
  • “I am pleased to report that in the fiscal third quarter Catalent returned to growth, including double-digit non-COVID year-on-year revenue growth.
  • Additionally, we achieved record third quarter non-COVID customer wins, and our non-COVID customer wins in the first three quarters of the fiscal year increased double digits over the prior year.
  • Third quarter fiscal 2024 Adjusted EBITDA(1) was $163 million, or 15.1% of net revenue, compared to $105 million, or 10.1% of net revenue, in the third quarter a year ago.

Healthcare M&A Volume Falls in Q1:24, According to Acquisition Data from LevinPro HC

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星期五, 四月 12, 2024
Housing, Laboratory, Novo Holdings A/S, Research, EHealth, Intelligence, CDMO, Catalent, Biotechnology, HC, Acquisition, Medicare, MRI, Hospice, Novo Nordisk Foundation, Dialysis, Pharmaceutical industry

NEW CANAAN, Conn., April 12, 2024 /PRNewswire-PRWeb/ --  Healthcare merger and acquisition activity declined by 4% in the first quarter of 2024, according to new acquisition data from LevinPro HC. Deal volume in Q1:24 only reached 494 deals, falling short of the 515 transactions announced in the fourth quarter of 2023. Year-over-year changes were even more pronounced, with an 11% decline in activity in Q1:24 compared with the first quarter of 2023, when 555 deals were announced.

Key Points: 
  • Healthcare merger and acquisition activity declined by 4% in the first quarter of 2024, according to new acquisition data from LevinPro HC.
  • Deal volume in Q1:24 only reached 494 deals, falling short of the 515 transactions announced in the fourth quarter of 2023.
  • NEW CANAAN, Conn., April 12, 2024 /PRNewswire-PRWeb/ --  Healthcare merger and acquisition activity declined by 4% in the first quarter of 2024, according to new acquisition data from LevinPro HC.
  • Deal volume in Q1:24 only reached 494 deals, falling short of the 515 transactions announced in the fourth quarter of 2023.

Lexeo Therapeutics Announces Closing of Oversubscribed $95.0 Million Equity Financing

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星期三, 三月 13, 2024
SVB Securities, Stifel, Common stock, Novo Holdings A/S, Sale, Public expenditure, Prospectus, Therapy, Security (finance)

Lexeo sold 6,278,905 shares of its common stock (“Common Stock”) in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), at a sale price equal to $15.13 per share.

Key Points: 
  • Lexeo sold 6,278,905 shares of its common stock (“Common Stock”) in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), at a sale price equal to $15.13 per share.
  • Lexeo intends to use net proceeds from the financing to fund advancement of ongoing clinical stage programs, and for working capital and general corporate purposes.
  • The proceeds from this financing, combined with current cash, cash equivalents and marketable securities, are expected to fund operating and capital expenditures into 2027.
  • Any offering of the shares sold in the private placement under the Resale Registration Statement will only be made by means of a prospectus.

Obsidian Therapeutics Announces Oversubscribed $160.5 Million Series C Financing to Drive OBX-115 Clinical Development

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星期三, 四月 3, 2024
Biotechnology, Health, Genetics, Clinical Trials, Oncology, Janus, Growth, Novo Holdings A/S, NSCLC, TIL, Patient, Wellington Management Company, Paradigm, Foresite Capital, Bristol Myers Squibb, Lung cancer, Doctor of Philosophy, Therapy, Melanoma, Investment, Atlas Venture, Pharmaceutical industry

Obsidian Therapeutics, Inc. , a clinical-stage biotechnology company pioneering engineered cell and gene therapies, today announced it has closed a significantly oversubscribed $160.5 million Series C financing with a top-tier syndicate of life science investors led by new investor, Wellington Management.

Key Points: 
  • Obsidian Therapeutics, Inc. , a clinical-stage biotechnology company pioneering engineered cell and gene therapies, today announced it has closed a significantly oversubscribed $160.5 million Series C financing with a top-tier syndicate of life science investors led by new investor, Wellington Management.
  • Proceeds from the financing will advance Obsidian’s lead engineered tumor-infiltrating lymphocyte (TIL) program, OBX-115, in its ongoing trials for patients with melanoma and non-small cell lung cancer (NSCLC).
  • The Company is focused on enrolling patients and reaching key clinical and regulatory milestones, as well as manufacturing scale-up ahead of pivotal trial readiness.
  • “This financing provides funding through key clinical readouts in melanoma and is the catalyst to continue expanding OBX-115 into NSCLC, where there is significant potential and high unmet need.”

Trinity Hunt Announces Formation of Supreme Group and Appoints Tom Donnelly CEO

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星期三, 三月 20, 2024
Professional Services, Marketing, Health, Digital Marketing, Communications, Finance, General Health, Knowledge, MKG, Growth, Medicine, Court Square Capital Partners, Novo Holdings A/S, Donnelly (surname), Evoke, Advertising, Pharmaceutical industry

Supreme Group was formed following Trinity Hunt Partners ’ majority investment in Supreme Optimization , a leading life science-focused digital agency providing best-in-class performance digital marketing services to the life science industry.

Key Points: 
  • Supreme Group was formed following Trinity Hunt Partners ’ majority investment in Supreme Optimization , a leading life science-focused digital agency providing best-in-class performance digital marketing services to the life science industry.
  • “Tom’s extensive experience leading and growing healthcare marketing and communications businesses makes him the ideal leader for Supreme Group,” said Mike Steindorf, partner at Trinity Hunt.
  • “I am excited to join Supreme Group and look forward to making an impact in this dynamic and growing space,” said Donnelly.
  • “Already during my short time working with Trinity Hunt and the team at Supreme Optimization, we have made tremendous progress in building the Supreme Group platform.”

Lexeo Therapeutics Announces Oversubscribed $95.0 Million Equity Financing

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星期一, 三月 11, 2024
Prospectus, Novo Holdings A/S, Stifel, J. P. Morgan, Common stock, Sale, SVB Securities, Therapy, Public expenditure, Security (finance)

Lexeo anticipates the gross proceeds from the private placement to be approximately $95.0 million, before deducting any offering related expenses.

Key Points: 
  • Lexeo anticipates the gross proceeds from the private placement to be approximately $95.0 million, before deducting any offering related expenses.
  • The financing is expected to close on March 13, 2024, subject to customary closing conditions.
  • Lexeo intends to use net proceeds from the financing to fund advancement of ongoing clinical stage programs, and for working capital and general corporate purposes.
  • The proceeds from this financing, combined with current cash, cash equivalents and marketable securities are expected to fund Lexeo’s operating and capital expenditures into 2027.

Novo Nordisk Foundation awarded more than DKK 9.1 billion for purposes benefitting society in 2023

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星期三, 三月 6, 2024
Novo Nordisk Foundation, Research, Biotechnology, DKK, Antimalarial medication, Education, Investment, Food, Partnership, NIVI, Vaccine, University, Health, Climate change, Novo Holdings A/S, CO2, Protein, Tuberculosis, Science, Agriculture, Bill, Human

In 2023, the Foundation awarded more than DKK 9.1 billion, in philanthropic grants and investments, and supported a total of 751 new projects.

Key Points: 
  • In 2023, the Foundation awarded more than DKK 9.1 billion, in philanthropic grants and investments, and supported a total of 751 new projects.
  • One of its largest mission-driven initiatives in 2023 was the Novo Nordisk Foundation Initiative for Vaccines and Immunity (NIVI), a research and vaccine development initiative launched in partnership with the University of Copenhagen.
  • The DKK 9.1 billion awarded in 2023 marks an increase in grant giving from previous years.
  • The Novo Nordisk Foundation Cellerator, a world-class facility for developing and upscaling cell therapies for testing in humans.

Novo Nordisk Foundation awarded more than DKK 9.1 billion for purposes benefitting society in 2023

Retrieved on: 
星期三, 三月 6, 2024
Novo Nordisk Foundation, Research, Biotechnology, DKK, Antimalarial medication, Education, Investment, Food, Partnership, NIVI, Vaccine, University, Health, Climate change, Novo Holdings A/S, CO2, Protein, Tuberculosis, Science, Agriculture, Bill, Human

In 2023, the Foundation awarded more than DKK 9.1 billion, in philanthropic grants and investments, and supported a total of 751 new projects.

Key Points: 
  • In 2023, the Foundation awarded more than DKK 9.1 billion, in philanthropic grants and investments, and supported a total of 751 new projects.
  • One of its largest mission-driven initiatives in 2023 was the Novo Nordisk Foundation Initiative for Vaccines and Immunity (NIVI), a research and vaccine development initiative launched in partnership with the University of Copenhagen.
  • The DKK 9.1 billion awarded in 2023 marks an increase in grant giving from previous years.
  • The Novo Nordisk Foundation Cellerator, a world-class facility for developing and upscaling cell therapies for testing in humans.

Edgewise Therapeutics Announces Pricing of $240 Million Underwritten Offering of Common Stock

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星期五, 一月 19, 2024
Biotechnology, Pharmaceutical, Health, Cardiology, Janus, Citadel, Myopathy, Patient, Therapy, Research, SVB Securities, OrbiMed, Edgewise, Prospectus, Novo Holdings A/S, Form, Sale, Becker muscular dystrophy, ATTN:, Montgomery Street, Attention, Telephone, State Street

Edgewise Therapeutics, Inc. (NASDAQ: EWTX), a leading muscle disease biopharmaceutical company, today announced the pricing of an underwritten offering of 21,818,182 shares of its common stock at an offering price of $11.00 per share.

Key Points: 
  • Edgewise Therapeutics, Inc. (NASDAQ: EWTX), a leading muscle disease biopharmaceutical company, today announced the pricing of an underwritten offering of 21,818,182 shares of its common stock at an offering price of $11.00 per share.
  • Edgewise anticipates gross proceeds from the offering to be approximately $240 million, before deducting underwriting discounts and commissions and offering expenses.
  • The closing of the offering is expected to occur on January 23, 2024, subject to the satisfaction of customary closing conditions.
  • A prospectus supplement and accompanying prospectus relating to the offering will also be filed with the SEC.

Paratek Pharmaceuticals Announces Promotion of Jonathan Light to General Counsel, Corporate Secretary and Chief Compliance Officer and Christopher Bostrom to Chief Financial Officer

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星期二, 一月 16, 2024
Record, Light, Patient, General counsel, Corporation, Morgan Lewis, Stonehill College, Teva Pharmaceuticals, Executive Counsel Limited, University, Novo Holdings A/S, Babson College, Public, Dartmouth College, MBA, Acquisition, Shire (pharmaceutical company), Bachelor of Science, Virginia School for Girls, Biogen, Marketing, Growth, Management

Paratek promoted Jonathan Light to General Counsel, Corporate Secretary and Chief Compliance Officer and Christopher Bostrom to Chief Financial Officer.

Key Points: 
  • Paratek promoted Jonathan Light to General Counsel, Corporate Secretary and Chief Compliance Officer and Christopher Bostrom to Chief Financial Officer.
  • “It has been inspiring to help build an organization that is committed to excellence and upholding the highest ethical standards.
  • Bostrom joined Paratek in March 2016 and has over 20 years of financial, strategic and operational experience.
  • Bostrom received his Bachelor of Science in business administration from Stonehill College and an MBA from Babson College.